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Rupee at all-time low: How a weak currency could impact your wallet
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CNBC TV18 - Markets 53d ago

Rupee at all-time low: How a weak currency could impact your wallet

Indian rupee hits record lows against US dollar as crude oil tops 100, raising import costs, threatening higher prices for fuel, travel and goods, while exporters and remittance earners gain

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NEWS
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Business Standard - Markets 54d ago

INR stays near historic lows pressured by persistently rising crude oil prices on the back of ongoing geopolitical tensions

The Indian rupee is seen trading comfortably beyond Rs 96 per dollar mark near record low levels even as dollar pulled back slightly and international oil prices eased. INR opened at Rs 96.38 and hit a high of 96.31 so far during the day. Rupee is finding a firmer footing at historic low levels pressured by persistently rising crude oil prices on the back of ongoing geopolitical tensions and a strong dollar. Yesterday, rupee weakened further and closed at a record low of 96.35 against the US dollar. The global market sentiments continue to dampen amid simmering tensions between the US and Iran. Emerging market economies, including India, continue to feel the pressure of rising crude oil prices, as elevated rates increase the outflows of US dollars, along with the outflows already happening due to FPIs. Meanwhile, Indian shares ended little changed on Monday, after having suffered heavy losses earlier in the session on rising Middle East tensions and economic concerns. The benchmark ..

DOLLARGLOBALIOCOILConsumer ServicesOil Gas & Consumable Fuels
Gold prices snap 2-day fall, silver at Rs 2.75 lakh/kg. What should you do amid Iran war uncertainty?
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ET Markets - Stocks 54d ago

Gold prices snap 2-day fall, silver at Rs 2.75 lakh/kg. What should you do amid Iran war uncertainty?

Gold prices rose while silver declined on MCX Tuesday as a weaker dollar and cooling crude oil prices influenced sentiment. Gold gained after U.S. President Donald Trump delayed a planned strike on Iran, easing concerns over oil supply disruptions and inflation.

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Rupee fall deepens against dollar amid oil shock and weak Asian market sentiment
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CNBC TV18 - Markets 54d ago

Rupee fall deepens against dollar amid oil shock and weak Asian market sentiment

Indian rupee extends seven day slide against US dollar as Iran conflict, high crude oil prices and weak risk sentiment pressure currency and fuel prices.

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Gold rate rises on MCX as oil prices ease, dragging dollar after Trump pauses Iran strike
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LiveMint - Markets 54d ago

Gold rate rises on MCX as oil prices ease, dragging dollar after Trump pauses Iran strike

Gold price today: According to Ravi Singh, Chief Research Officer (Research) at Master Capital Services, the broader structure remains firmly bullish as long as gold sustains above ₹1,57,000.

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Silver rate today: Silver price in India steady around  ₹2.75 lk/kg as Trump pauses Iran attack, oil prices slide
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LiveMint - Markets 54d ago

Silver rate today: Silver price in India steady around ₹2.75 lk/kg as Trump pauses Iran attack, oil prices slide

Silver prices in India fell 0.5% to ₹2,75,221 per kg, while gold rose 0.5% to ₹1,59,899. Internationally, spot silver dropped 0.3% to $77.58 per ounce. A weaker US dollar and lower oil prices supported bullion sentiment amid eased US-Iran tensions.

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Gold, silver steady as weaker dollar offsets inflation concerns
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CNBC TV18 - Markets 54d ago

Gold, silver steady as weaker dollar offsets inflation concerns

Gold and silver prices hold steady as a weaker US dollar and lower crude oil support bullion, while investors track US inflation risks and Fed rate outlook.

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NEWS
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Business Standard - Markets 54d ago

INR slumps to fresh record lows amid rising oil prices fuelled by ongoing geopolitical tensions

The Indian rupee weakened further and closed at a record low of 96.35 (provisional) against the US dollar on Monday, pressured by rising crude oil prices on the back of ongoing geopolitical tensions and a strong dollar. During the day, the counter hit a low of 96.39. The global market sentiments continue to dampen amid simmering tensions between the US and Iran. Moreover, emerging market economies, including India, continue to feel the pressure of rising crude oil prices, as elevated rates increase the outflows of US dollars, along with the outflows already happening due to FPIs. Meanwhile, Indian shares ended little changed on Monday, after having suffered heavy losses earlier in the session on rising Middle East tensions and economic concerns. The benchmark BSE Sensex rebounded over 1,100 points from the day's lows before closing 77.05 points, or 0.10 percent, higher at 75,315.04.The NSE Nifty index also fell up to 1.3 percent in early trading before recovering to close up 6.45 ...

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Rupee falls to 96.17 against dollar for first time: What is driving the slide
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CNBC TV18 - Markets 55d ago

Rupee falls to 96.17 against dollar for first time: What is driving the slide

Indian rupee hits all-time low against US dollar as surging crude oil prices, rising US Treasury yields and West Asia tensions fuel inflation and growth fears.

ALLETECALLTIMEDOLLARIOCOILConsumer DurablesInformation Technology
COMEX gold falls over 1%, silver slumps nearly 3%: Why bullion prices are under pressure
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CNBC TV18 - Markets 55d ago

COMEX gold falls over 1%, silver slumps nearly 3%: Why bullion prices are under pressure

Gold and silver prices drop as a stronger US dollar, rising bond yields and Gulf tensions lift oil, rattle global markets and fuel inflation worries.

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Asian shares extend losses as oil prices climb on Iran war
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CNBC TV18 - Markets 55d ago

Asian shares extend losses as oil prices climb on Iran war

Asian equities slipped 0.2%. Futures on the S&P 500 Index were down 0.5% and for Nasdaq 100 declined 0.8%. The dollar held gains after reporting its best week since early march.

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India must push solar, grid reforms to navigate oil price rise: Ex-NITI Aayog member Arvind Virmani
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ET Markets - Industry 55d ago

India must push solar, grid reforms to navigate oil price rise: Ex-NITI Aayog member Arvind Virmani

suggested navigating this crisis by adopting a two-pronged strategy by implementing a gradual pass-through of rising oil and gas prices in the immediate term, while aggressively accelerating long-term structural reforms across its solar, storage, and distribution networks.

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